8150 Pelleaux Rd, Knoxville, TN 37938

Knoxville
Local realty services provided by:Better Homes and Gardens Real Estate Gwin Realty
8150 Pelleaux Rd,Knoxville, TN 37938
$3,200,000
  • 40.46 Acres
  • Lots / Land
  • Active
Listed by: azaan kherani, aaliyah kherani
Office: southland realtors, inc
MLS#:1347341
Source:TN_KAAR

Price summary

  • Price:$3,200,000

About this home

Attention developers and builders! This is the Kelley Farm--40 contiguous acres of high-potential East Tennessee land perfectly positioned for a premier residential community in the heart of Halls Crossroads, just 20 minutes north of downtown Knoxville. Featuring approximately 31 acres of cleared, open pasture and 9 acres of beautiful woodland, this site is currently zoned to accommodate 3.5 units per acre for an immediate yield of 142 total units. With a solid concept plan, there is an excellent path to re-zone to 4 units per acre, pushing your maximum potential to 162 total units. Infrastructure logistics are highly favorable, boasting over 1,500 linear feet of premium frontage along Norris Freeway, seamless main access from Pelleaux Road, and all essential utilities readily available right at the street. Adding immediate value, the original farmhouse on the property is currently occupied by a month-to-month tenant generating $1,000 per month in rental income, providing a steady...

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Home facts

  • Listing ID #:1347341
  • Added:53 day(s) ago
  • Updated:August 24, 2026 at 03:10 PM

Rooms and interior

  • Total bathrooms:2

Structure and exterior

  • Lot area:40.46 Acres

Finances and disclosures

  • Price:$3,200,000

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